Lukoil

Lukoil, headquartered in Russia and operating in the Electricity by Petroleum and Other Oil Derivatives industry, reported total Scope 1 and 2 emissions of approximately 41.8 billion kg CO2e in 2023. This comprised about 36.9 billion kg CO2e from Scope 1 emissions and approximately 4.9 billion kg CO2e from Scope 2 emissions.

Looking at previous years, Lukoil's Scope 1 and 2 emissions were approximately 46.9 billion kg CO2e in 2022 and about 41.5 billion kg CO2e in 2021. Their Scope 1 emissions were around 41.2 billion kg CO2e in 2022 and approximately 36.4 billion kg CO2e in 2021. Scope 2 emissions were about 5.7 billion kg CO2e in 2022 and approximately 5.1 billion kg CO2e in 2021.

Lukoil has set a near-term absolute reduction target to decrease its controlled GHG emissions (Scope 1 + Scope 2) by 20% by 2024, compared to a 2017 baseline. This target applies to both Scope 1 and Scope 2 emissions. In 2017, the company's Scope 1 and 2 emissions were approximately 50.9 billion kg CO2e.